The Verdala project is a significant milestone for the AX Real Estate. It is located along the ridge edge of Tal-Virtu where the Grand Hotel Verdala ceased its operations in 1997. AX has secured the full development permit required to demolish the dilapidated Grand Hotel Verdala and redevelop the site into a five-star boutique hotel and residential complex.
The property will house new luxury suites in its main building and 19 existing units at its Virtu Heights annex. In addition, a multi-level pyramidal atrium will contain the hotel’s communal state-of-the-art facilities and act as a physical and visual corridor from Triq ir-Rghajja to the ridge overlooking Malta.
The project is establishing much-needed leading standards for high-quality development in Malta. Verdala will be visually appealing and sympathetic to its surroundings, using the latest and most sustainable building practices possible. It will again make the site a much-loved destination in Malta.
The idea behind the development is to breathe new life into both the economy and the complex’s surrounding community. In fact, the overall height of the existing hotel is being reduced by almost two storeys so that the development will blend with its setting and the promontory. In addition, a system of terraces and voids on the ridge side will mimic the natural forms of rock strata, while the back elevations will have greater solidity to tie into the traditional façade typology of the nearby streets.
The project will also open up around 2,350sqm of formerly developed space to the public by introducing piazzas and new open spaces. This critical decision will provide people in the community with access to stunning views of the island and the opportunity to enjoy their town’s panorama from the hotel, nearby public spaces and even from the street itself from Triq San Bastjan and Triq ir-Rghajja.
Works commenced in July 2021, and it is estimated the project will take three years to be completed.
For further information kindly contact the AX Real Estate Team on +356 7934 0880 or send an email to [email protected].